Malaysia extends agreement for missing-MH370-aircraft search

The extension lasts from July 1 this year until June 30, 2027. The renewed deal maintains all key terms and conditions of the existing one, including the application of the 'no find, no fee' principle. If the wreckage is successfully located, Malaysia would pay the firm 70 million USD.

People commemorate the victims of Malaysia Airlines Flight MH370 in Subang Jaya, Malaysia, on March 3, 2024. (Photo: AFP/VNA)
People commemorate the victims of Malaysia Airlines Flight MH370 in Subang Jaya, Malaysia, on March 3, 2024. (Photo: AFP/VNA)

Kuala Lumpur (VNA) – The Malaysian Government has extended its agreement with the UK-based underwater exploration firm Ocean Infinity for another 12 months to continue the search for the wreckage of Malaysia Airlines Flight MH370, Transport Minister Anthony Loke Siew Fook said on June 29.

The official said the extension would allow the company to complete the search of the remaining 7,428.54-square-kilometre search area in the southern Indian Ocean.

The extension lasts from July 1 this year until June 30, 2027. The renewed deal maintains all key terms and conditions of the existing one, including the application of the 'no find, no fee' principle. If the wreckage is successfully located, Malaysia would pay the firm 70 million USD.

Search vessels and equipment are expected to be redeployed between November 2026 and April 2027, when calmer sea conditions are anticipated to improve operational safety and enhance the effectiveness of the mission.

Malaysia Airlines flight MH370 disappeared under mysterious circumstances on March 8, 2014 while en route from Kuala Lumpur to Beijing, China, carrying 239 people on board. The incident has since become one of the greatest mysteries in the history of global aviation.

Earlier, Ocean Infinity launched a renewed search operation on February 25, 2025, conducted in two phases, but has yet to determine the location of the missing aircraft./.

VNA

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